But based on my personal experience you won't cash flow with a DSCR loan on a SFR rental.

If you have any further questions or need additional details, please feel free to reach out.Thank you for your time.Dana@Dana Lee Fuller I completely understand and as a former Director of Lending for a CDFI in the Midwest that financed the gut rehabs of mostly abandoned 2-4 unit MF properties, I've worked with similar developers that are targeting more of a "social impact" investor base. 

I know getting my real estate license is one option, but I am looking for more than one option.I am based in CT, so if anything specific is coming to mind let me know, open to all Ideas.

I’m based in Tampa and run Graystone Investment Group, focusing heavily on helping (out of state) investors find and manage properties here in Florida.Totally agree on the importance of understanding those short-term rental rules in Florida—each area can feel like its own little country with all the different regulations!

Okay yeah its probably an estimated sewer bill based on historical usage.

Would you recommend the route of a first lien HELOC based on the above situation and information?

If you're doing a rate and term refinance, there's typically not a seasoning period but again it's common for lenders to require it be rented first.If you're doing a DSCR cash out refi, it may not need to be rented first but you're probably paying a higher rate.Your best option is to call a loan broker you trust and go through the options based on your current situation.

As an invetsment-friendly agent (based out of Houston, TX), I’ve seen how the right professional will help you analyze cash flow, manage comforatble contractor bids, and even drive for dollars if you want a broader look at potential comps or deals in the neighborhood.

@David Cook this is why we’ve started using water based polyurethane on our hard wood floors.

Based on the conversation I decided to send a "AdobeSign".